St Joseph, MO         Tue, May 14, 2024      USDA Market News
Daily Livestock Slaughter Under Federal Inspection

                             CATTLE     CALVES      HOGS       SHEEP
Tuesday                      123,000     1,000     480,000     7,000
Week ago                     124,000     1,000     478,000     7,000
Year ago (act)               127,000     1,000     472,000     7,000
Week to Date                 239,000     2,000     941,000    17,000
Same Period Last Week        244,000     2,000     959,000    16,000
Same Period Last Year*       252,000     2,000     936,000    17,000
2024 Year to Date         11,632,736    86,251  48,135,470   710,460
2023*Year to Date         12,173,122   114,435  47,897,367   702,678
Percent Change                 -4.4%    -24.6%       +0.5%     +1.1%
Previous Day Breakdown           Steers/Heifers     Cows/Bulls
                     Monday          95,000           21,000
    2024 *Totals subject to revision / 2023 *Totals adjusted to reflect 
          NASS Revisions / Yearly totals may not add due to rounding.

INDEXES
                        05/13  05/10  05/09  05/08  05/07  05/06  05/03
CATFAX FED 6 STATE     185.52 185.45 185.22 184.00 184.00 185.92 185.86
CATFAX FED 3 STATE     184.08 184.07 184.01 184.00 184.00 184.00 184.00
CME FEEDER             241.75 241.36 240.61 240.38 239.45 239.53 240.05
CME LEAN HOG           *91.29  91.22  91.32  91.28  91.28  91.03  90.80
3 Area LEAN HOG         *NA*   88.86  89.21  89.03  89.07  88.75  88.72
NA = Not Available; **NA = Not Available Due to Packer Submission Issues;
*NA* = Not Available Due to Confidentiality; + Before the CME Feeder price
indicates a revision by the CME; * = Projection; CME projected Lean Hog 
Index, is only an estimate that may vary one or two cents from actual.

NOTES: 3 AREA LEAN: = 3 area lean value base cost for 51-52% lean hogs;
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma;
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma.

PORK

Des Moines, IA        Tue, May 14, 2024      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales
PORK CARCASS       CUTOUT     CHANGE     TOTAL LDS
05/14 MORNING     $102.77      +0.33      139.24
05/14 AFTERNOON   $101.51      -0.93      263.76 

CARLOT PORK                 OPEN         CLOSE
 DATE                      05/14         05/14
 LOADS - CUTS             121.08        233.66
 LOADS - TRIM              18.17         30.10
 LOINS 1/4" Trim VAC      131.90        133.04
 LOINS BNLS CC Strap On   168.33        162.93
 HAMS - Trm Sel  17-20#  No Test       No Test
        Trm Sel  20-23#  No Test       No Test
        Trm Sel  23-27#    88.04         88.54
 BELLIES  Skn-on 10-12#  No Test        260.14
 BOXED    Skn-on 12-14#   136.86        223.43

BEEF

Des Moines, IA        Tue, May 14, 2024      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

Based on negotiated prices and volume of boxed beef cuts delivered 
Within 0-21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.
                    MORNING            AFTERNOON
BEEF CUTOUTS    OPEN      CHNG      CLOSE     CHNG
                     05/14               05/14
 CH 600-900#    $303.60  +4.65      $304.39  +5.44
 SE 600-900#    $292.90  +5.72      $293.82  +6.64
    LOADS   
     Choice cuts     38.24               64.83
     Select cuts     12.37               18.90
     Trimmings       12.58               17.21
     Coarse Grinds   18.99               20.42
     CH/SEL SPREAD  $10.70              $10.57

POULTRY

05/14 - Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $ 88 to $103 cents FOB
16-24 lb toms $ 88 to $105 cents FOB

05/09 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/04      Week Ago    Yr Ago
                                     166,246     163,751     166,543

05/10 - Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/0332024
      Wtd Avg    Chg         Range         Wk Ago Avg
      $132.53   +0.52   $103.00-$155.00     $132.01

05/08 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 05/04 - 247 million, up 1% from a year ago
Chick placement for the week ending 05/04 - 190 million, up 2% from a year ago

05/14 - New York Eggs
Prices are unchanged for Extra Large, Large and Medium. The undertone is
steady. The New York shell egg inventory is unchanged compared to last Monday.
Demand is light to moderate. Offerings are light to moderate. Supplies are 
moderate. Market activity is moderate.

Extra Large   159-163
Large         157-161
Medium        153-157
    ** PRICES TO RETAILERS, SALES TO VOLUME BUYERS, USDA GRADE A AND 
GRADE A, WHITE EGGS IN CARTONS, DELIVERED STORE DOOR, CENTS PER DOZEN.**